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Senior Manager, Strategic Sourcing 'Strategic / Biologics'

Teva Pharmaceuticals

Parsippany-Troy Hills, NJ

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JOB DETAILS
SALARY
$111,680–$139,600 Per Year
SKILLS
Analysis Skills, Biotech and Pharmaceutical, Business Skills, Candidate Sourcing, Category Management, Communication Skills, Compensation and Benefits, Contract Negotiation, Cost Control, Cross-Functional, Detail Oriented, Equal Employment Opportunity (EEO), Hospital, Immunology, Insurance, Leadership, Legal, Manufacturing, Manufacturing Management, Manufacturing Requirements, Medical Conditions, Medical Genetics, Medicine, Military, Negotiation Skills, Neuroscience, Physical Therapy, Prescription Drugs, Pricing, Problem Solving Skills, Purchasing/Procurement, Quality Metrics, Regulatory Requirements, Resume Search, Risk, Sourcing Strategy, Stock Purchase Plans, Team Player, Tuition Fees, Vendor/Supplier Relations, Vendor/Supplier Selection, Vendor/Supplier Sourcing, eSourcing
LOCATION
Parsippany-Troy Hills, NJ
POSTED
13 days ago
**We Are Teva** We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together. **Our Team, Your Impact** The Senior Manager – Strategic Sourcing ‘Strategic / Biologics’ is responsible for leading strategic sourcing and contracting activities across assigned External Manufacturing (EXM) portfolio areas. This role plays a key part in executing sourcing strategies, RFx events, supplier negotiations, and contracts while driving value through disciplined sourcing practices. Reporting to the Senior Director – Strategic Sourcing Lead, this role operates as a hands-on sourcing leader, translating category strategies and business requirements into sourcing plans, negotiations, and supplier agreements. The Senior Manager is accountable for driving sourcing execution excellence and building strong working relationships with stakeholders and suppliers. KEY RESPONSIBILITIES • Lead end-to-end strategic sourcing events for assigned EXM categories, suppliers, or initiatives aligned to sourcing priorities. • Plan and execute RFx events, negotiations, and supplier selections. • Ensure sourcing activities address cost, capacity, quality, service, and risk considerations. • Lead commercial negotiations with suppliers, including pricing, capacity, and key commercial terms. • Partner with Legal and cross-functional teams to support contract development and execution. • Support contract implementation by ensuring clarity of sourcing intent and negotiated outcomes. • Deliver measurable sourcing value through cost optimization and contract execution. • Support achievement of annual savings and value targets. • Track sourcing outcomes and benefits using standard tools and templates. • Engage suppliers through structured sourcing processes and commercial discussions. • Maintain awareness of supplier capabilities, capacity constraints, and market dynamics. • Provide market and supplier insights to support planning and execution. • Ensure sourcing activities comply with procurement policies, quality standards, and regulatory requirements. • Partner with Quality, Regulatory, and Manufacturing teams to ensure sourcing decisions are feasible and compliant. • Partner with Category Managers, External Manufacturing, Quality, and Manufacturing stakeholders to execute sourcing initiatives. • Communicate sourcing plans and outcomes clearly and consistently. • Apply standard sourcing tools, templates, and processes consistently. • Identify opportunities to improve sourcing efficiency and execution discipline. • Contribute to sourcing playbooks, standard work, and procurement tool adoption. **Your Skills and Experience** Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered. Education/Certification/Experience + Associates degree required + Bachelors or Masters degree preferred + A minimum of 7 years of experience leading end to end strategic sourcing and contracting activities, preferable within external manufacturing or regulated industries. Skills/Knowledge/Abilities + Strong working knowledge of sourcing and negotiation practices + Experience delivering savings and sourcing value initiatives + Familiarity with pharmaceutical, biotech, or regulated manufacturing environments preferred + Solid stakeholder communication and collaboration skills + Analytical and problem solving capabilities + Stong execution and delivery mindset with attention to detail + Effective negotiation and commercial acumen + Ability to operate effectively in evolving procurement environments **Salary Range** The annual starting salary for this position is between $111,680 - $139,600 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate. **How We’ll Take Care of You** We offer a competitive benefits package, including: + Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls. + Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan. + Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays. + Life and Disability Protection: Company paid Life and Disability insurance. + Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.  The total compensation may also include restricted stock units and discretionary awards, depending on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.   **Already Working @Teva?** Make sure to apply through our internal career site on Twist—your one-stop shop for career development **Teva’s Equal Employment Opportunity Commitment** Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws. Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to AskHR@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address. **Important notice to Employment Agencies - Please Read Carefully** Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities.  All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company.  No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails. EOE including disability/veteran

About the Company

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Teva Pharmaceuticals